Bnc Wealth Management 13F annual report
Bnc Wealth Management is an investment fund managing more than $268 billion ran by Michelle Eldridge. There are currently 87 companies in Mrs. Eldridge’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $42.2 billion.
$268 billion Assets Under Management (AUM)
As of 29th July 2024, Bnc Wealth Management’s top holding is 187,922 shares of NVIDIA Corp currently worth over $23.2 billion and making up 8.7% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Bnc Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 90,206 shares of Apple Inc worth $19 billion, whose value grew 17.1% in the past six months.
The third-largest holding is Microsoft worth $15.7 billion and the next is Amazon.com worth $15 billion, with 77,684 shares owned.
Currently, Bnc Wealth Management's portfolio is worth at least $268 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Bnc Wealth Management
The Bnc Wealth Management office and employees reside in Beaverton, Oregon. According to the last 13-F report filed with the SEC, Michelle Eldridge serves as the SR. COMPLIANCE OFFICER at Bnc Wealth Management.
Recent trades
In the most recent 13F filing, Bnc Wealth Management revealed that it had opened a new position in
Super Micro Computer Inc and bought 4,697 shares worth $3.85 billion.
This means they effectively own approximately 0.1% of the company.
Super Micro Computer Inc makes up
3.7%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
170,026 additional shares.
This makes their stake in NVIDIA Corp total 187,922 shares worth $23.2 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Bnc Wealth Management is getting rid of from its portfolio.
Bnc Wealth Management closed its position in Booking Inc on 5th August 2024.
It sold the previously owned 1,229 shares for $4.46 billion.
Michelle Eldridge also disclosed a decreased stake in Select Sector Spdr Tr by 0.4%.
This leaves the value of the investment at $6.67 billion and 38,652 shares.
One of the smaller hedge funds
The two most similar investment funds to Bnc Wealth Management are Empower Annuity Insurance Co and Clean Yield. They manage $268 billion and $268 billion respectively.
Michelle Eldridge investment strategy
Bnc Wealth Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 38.8% of
the total portfolio value.
The fund focuses on investments in the United States as
56.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
51% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $235 billion.
The complete list of Bnc Wealth Management trades based on 13F SEC filings
These positions were updated on August 5th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| NVIDIA Corp |
950.08%
187,922
|
$23,215,905,000 | 8.68% |
| Apple Inc |
3.14%
90,206
|
$18,999,164,000 | 7.10% |
| Microsoft Corporation |
6.54%
35,040
|
$15,661,191,000 | 5.85% |
| Amazon.com Inc. |
20.13%
77,684
|
$15,012,433,000 | 5.61% |
| Alphabet Inc |
23.50%
66,604
|
$12,136,035,000 | 4.54% |
| Invesco Exch Trd Slf Idx Fd |
23.96%
174,201
|
$9,143,784,000 | 3.42% |
| Tesla Inc |
8.56%
39,639
|
$7,843,849,000 | 2.93% |
| Arista Networks Inc |
40.15%
20,919
|
$7,331,691,000 | 2.74% |
| Advanced Micro Devices Inc. |
11.29%
42,884
|
$6,956,214,000 | 2.60% |
| Meta Platforms Inc |
12.19%
13,761
|
$6,938,655,000 | 2.59% |
| Cadence Design System Inc |
14.86%
20,570
|
$6,330,418,000 | 2.37% |
| KLA Corp. |
11.21%
7,171
|
$5,912,605,000 | 2.21% |
| Select Sector Spdr Tr |
40.21%
38,652
|
$6,668,723,000 | 2.49% |
| Costco Whsl Corp New |
181.22%
6,319
|
$5,371,297,000 | 2.01% |
| Marsh Mclennan Cos Inc |
1.96%
25,001
|
$5,268,211,000 | 1.97% |
| Transdigm Group Incorporated |
13.84%
3,948
|
$5,044,142,000 | 1.89% |
| Jpmorgan Chase Co. |
237.97%
23,171
|
$4,686,490,000 | 1.75% |
| Phillips 66 |
7.31%
32,038
|
$4,522,772,000 | 1.69% |
| Salesforce Inc |
18.41%
17,374
|
$4,466,865,000 | 1.67% |
| Booking Holdings Inc |
Closed
1,229
|
$4,458,672,000 | |
| Intuitive Surgical Inc |
10.25%
10,005
|
$4,450,724,000 | 1.66% |
| Palo Alto Networks Inc |
8.43%
13,128
|
$4,450,523,000 | 1.66% |
| Marathon Pete Corp |
7.15%
24,893
|
$4,318,351,000 | 1.61% |
| Oracle Corp. |
12.40%
28,715
|
$4,054,603,000 | 1.52% |
| Vanguard Index Fds |
3.91%
14,649
|
$3,918,880,000 | 1.46% |
| Super Micro Computer Inc |
Opened
4,697
|
$3,848,487,000 | 1.44% |
| ServiceNow Inc |
1,471.82%
4,574
|
$3,598,229,000 | 1.34% |
| Garmin Ltd |
11.44%
20,834
|
$3,394,208,000 | 1.27% |
| Spdr Sp 500 Etf Tr |
1.96%
6,214
|
$3,381,552,000 | 1.26% |
| American Express Co. |
12.55%
13,577
|
$3,143,785,000 | 1.17% |
| Caterpillar Inc. |
26.60%
9,319
|
$3,104,227,000 | 1.16% |
| Crowdstrike Holdings Inc |
16.14%
8,088
|
$3,099,241,000 | 1.16% |
| Everest Group Ltd |
Closed
7,711
|
$3,065,194,000 | |
| Monster Beverage Corp. |
Closed
49,085
|
$2,909,759,000 | |
| Deckers Outdoor Corp. |
Opened
2,664
|
$2,578,878,000 | 0.96% |
| Diamondback Energy Inc |
Opened
12,762
|
$2,554,896,000 | 0.95% |
| Starbucks Corp. |
4.30%
31,313
|
$2,437,711,000 | 0.91% |
| Grainger W W Inc |
30.47%
2,642
|
$2,383,734,000 | 0.89% |
| Vertex Pharmaceuticals, Inc. |
Closed
5,405
|
$2,259,344,000 | |
| Conocophillips |
505.86%
19,654
|
$2,248,031,000 | 0.84% |
| Old Dominion Freight Line In |
21.49%
11,998
|
$2,118,861,000 | 0.79% |
| Zscaler Inc |
Closed
9,938
|
$1,914,357,000 | |
| Netflix Inc. |
Opened
2,530
|
$1,707,446,000 | 0.64% |
| Home Depot, Inc. |
0.91%
4,881
|
$1,680,235,000 | 0.63% |
| Visa Inc |
56.40%
6,263
|
$1,643,850,000 | 0.61% |
| Eog Res Inc |
Opened
12,841
|
$1,616,297,000 | 0.60% |
| Thermo Fisher Scientific Inc. |
0.56%
2,660
|
$1,470,980,000 | 0.55% |
| Vanguard Specialized Funds |
0.75%
7,980
|
$1,456,749,000 | 0.54% |
| Axon Enterprise Inc |
Opened
4,923
|
$1,448,544,000 | 0.54% |
| Schwab Strategic Tr |
6.49%
51,897
|
$3,481,889,000 | 1.30% |
| PayPal Holdings Inc |
Opened
23,185
|
$1,345,426,000 | 0.50% |
| Chipotle Mexican Grill |
Opened
21,000
|
$1,315,650,000 | 0.49% |
| Mastercard Incorporated |
1.66%
2,900
|
$1,279,467,000 | 0.48% |
| Danaher Corp. |
1.72%
4,292
|
$1,072,441,000 | 0.40% |
| Novo-nordisk A S |
0.53%
6,955
|
$992,757,000 | 0.37% |
| Parker-Hannifin Corp. |
0.52%
1,901
|
$961,545,000 | 0.36% |
| Boeing Co. |
17.98%
5,227
|
$951,416,000 | 0.36% |
| Ishares Tr |
13.16%
6,720
|
$1,381,444,000 | 0.52% |
| Rambus Inc. |
0.54%
14,268
|
$838,388,000 | 0.31% |
| Berkshire Hathaway Inc. |
0.61%
1,964
|
$798,955,000 | 0.30% |
| Union Pac Corp |
3.20%
3,359
|
$760,113,000 | 0.28% |
| Accenture Plc Ireland |
3.75%
2,436
|
$739,107,000 | 0.28% |
| Nuveen Quality Muncp Income |
No change
55,683
|
$653,722,000 | 0.24% |
| Qualcomm, Inc. |
1.26%
3,134
|
$624,225,000 | 0.23% |
| Select Sector Spdr Tr |
Closed
6,239
|
$963,964,000 | |
| Johnson Johnson |
4.29%
3,812
|
$557,152,000 | 0.21% |
| Lowes Cos Inc |
0.72%
2,483
|
$547,462,000 | 0.20% |
| GE Aerospace |
8.72%
3,286
|
$522,437,000 | 0.20% |
| Nike, Inc. |
16.64%
6,300
|
$474,804,000 | 0.18% |
| Exxon Mobil Corp. |
0.69%
3,614
|
$416,091,000 | 0.16% |
| Pacer Fds Tr |
93.79%
9,207
|
$401,078,000 | 0.15% |
| Spdr Dow Jones Indl Average |
8.97%
1,025
|
$400,952,000 | 0.15% |
| Wells Fargo Co New |
0.02%
6,558
|
$389,499,000 | 0.15% |
| Glacier Bancorp, Inc. |
No change
10,105
|
$377,119,000 | 0.14% |
| Intel Corp. |
22.36%
12,018
|
$372,200,000 | 0.14% |
| Amplify Etf Tr |
Closed
5,717
|
$366,517,000 | |
| Vanguard World Fd |
37.74%
3,842
|
$604,044,000 | 0.23% |
| Spdr Gold Tr |
Closed
1,624
|
$334,089,000 | |
| Philip Morris International Inc |
6.21%
3,020
|
$306,017,000 | 0.11% |
| Bank America Corp |
0.40%
7,688
|
$305,757,000 | 0.11% |
| Mcdonalds Corp |
3.47%
1,134
|
$289,110,000 | 0.11% |
| Rockwell Automation Inc |
7.18%
983
|
$270,600,000 | 0.10% |
| CSX Corp. |
1.14%
7,771
|
$259,940,000 | 0.10% |
| Micron Technology Inc. |
No change
1,925
|
$253,195,000 | 0.09% |
| Deere Co |
No change
674
|
$251,917,000 | 0.09% |
| Ishares Tr |
Closed
3,228
|
$455,437,000 | |
| Procter And Gamble Co |
No change
1,460
|
$240,726,000 | 0.09% |
| Ishares Silver Tr |
No change
9,000
|
$239,130,000 | 0.09% |
| Weyerhaeuser Co Mtn Be |
3.18%
8,217
|
$233,281,000 | 0.09% |
| Us Bancorp Del |
0.52%
5,593
|
$222,049,000 | 0.08% |
| Ishares Tr |
Opened
2,195
|
$213,069,000 | 0.08% |
| Caseys Gen Stores Inc |
Opened
552
|
$210,621,000 | 0.08% |
| Travelers Companies Inc. |
Closed
912
|
$209,888,000 | |
| Abbvie Inc |
Closed
1,126
|
$205,080,000 | |
| Eli Lilly Co |
Opened
225
|
$203,711,000 | 0.08% |
| Gabelli Util Tr |
13.99%
14,196
|
$84,041,000 | 0.03% |
| AMMO, Inc. |
No change
48,000
|
$80,640,000 | 0.03% |
| Anavex Life Sciences Corporation |
40.06%
10,250
|
$43,255,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 98 holdings | |||
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